Last week I posted about Universal Coin and how I think it's an interesting project worth taking a look at.

Sadly yesterday they announced they are closing the project down, they posted the statement below:

It is with deepest regret that we announce the closure of the UniversalCoin distribution, and the UniversalCoin project as a whole. Due to increasingly sophisticated attacks on our claim process, we do not have the resources to keep the distribution running fairly. 

We are extremely sorry that we aren’t able to complete the distribution. We saw an incredible community come together around UniversalCoin and it hurts to let you down. 

The apps will be removed from the store, and remaining funds from the fundraiser will be returned to contributors. 

Thank you for your support. 

-Adam

All I feel that can really be said is this is why we can't have nice things.